Looking to diversify beyond PRCNX? The mutual funds below have the lowest correlation with PRCNX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from PRCNX.
Best Diversifiers for PRCNX
0 mutual funds have low correlation with PRCNX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Science And Technology Fund (PRSCX) (Technology Equities) with a 1Y correlation of 0.32, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Science And Technology Fund | 0.32 | 0.45 | 0.56 | 87 | Technology Equities | PRCNX vs PRSCX | |
| T. Rowe Price Global Technology Fund | 0.41 | 0.51 | 0.55 | 87 | Technology Equities | PRCNX vs PRGTX | |
| Kopernik International Fund | 0.51 | 0.47 | 0.59 | 54 | Foreign Large Cap Equities | PRCNX vs KGIIX | |
| American Beacon Tocqueville International Value Fu... | 0.51 | 0.62 | 0.75 | 93 | Foreign Large Cap Equities | PRCNX vs TIVFX | |
| T. Rowe Price U.S. Equity Research Fund | 0.53 | 0.61 | 0.68 | 64 | Large Cap Blend Equities | PRCNX vs PRCOX |
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